SIR JOHN AND LADY AMORY'S CHAIUTABLE TRUST ACCOiJNrs YEAR ENDED S APRIL 2025 Contents Page Trustees, report- R¢feren¢¢ and administration det8118 Trustees, rep0rt- NaTfdtlVC section Indcpendellt examiner's report Receipts and paymellts aeeount Staternent of assets and liabilities
SIR JOHN AND LADY AMORY'S CHAIUTABLE TRUST REFERENCE Af4D ADMD41STRATION DETAILS Cbarlty name Sir Johll and Lady Amory'8 Cl)aTi18ble Thst Registered eharity numb¢T 203970 Chgrlty's princlpal address The Island IA)wman Green Tiverton Devon EX164LA Trustees SirIan Heathcoat Arnory. B¢ Lady Heatbcoat Amory William Frdncis Heathcoat Amory Independent examiner Mts M Hutchings Apslcys LLP 21 Bamptott Street Tiverton Devon EX16 6AA
SIR JOHN AND LADY AMORY'S CHARITABLE TRIJST TRUSTEES REPORT oBJEIVEs AND A[VITIEs Surnnry of ¢b¢ objects of the charity set out ID Its governlng document Amy chaTitsble pUOSe8 (at the trustees. dis¢Tetion). The Slee5 believe the objective$ of the tsvst are to support any institution whose pury)ose is wholly ¢blble and itidividuals in particular need, with prill)ary Collcern to benefit the iDhabitants of the county of Devon and t0 a55iSt the poor or aged aud to advance eduutioll. Summgry of the n)aln acdvitle$ in relation to these objeetlves The tsMst meets its objectives by following a general policy of distributing the tn1.$ income whilst mBintsiniJg the substallce of the trust's investments io enlarge its grdnt-givingp)tential. PolAcy grant maklng The trustees invite, or respond to. applications from a wide variety of estsblished chariti or groups PTQTuoting charitable ciuses. TheiI pfenCe is to support smaller group& mostly iti the soutb west of England. v/hi¢h do not hav¢ a¢ces5 to sopbisticated fijnd raising campaigns and oll wbich arelatively 5rnall donation may hav¢ a silfiCallt effect. tn tbis mat]ner the aims of the clwity aT¢ for the public benefit. The tsMstees have had due regard to guidance published by th¢ Charity Conunission on pub]ic benefit. ACHIKVEMEIYTS Af4D PERFORMANCE Sununary of th¢ main 8chlevement5 of the charity during the year The charity has Continued to Steadily, making donations out of investment incotne to local institytions and individuals. D]llg the yearthe charity Dde donations of £76.138 (2024: £64.803). Donations of £5,000 or more.. Blundell's School Broadway Lodge £11,499 £8,770 FINANCIAL REVtEW Poliey on reserves It is the poli¢y of the trust to maintain sufficient $eIVe5 to meet its ¢on]mithients to Brallts awarded but notyetpaid and to maintaill the trust's 8rant-8iVillg Potential in real tern]s. Investment policy The twst employs Ratbbone Investellt Mallag¢m¢nt Ltd to manage most of its itivestmentportfolio. The Tenjainder of tbe portfolio is inves*d iti eompni¢s in the County of Devon. Ollt-thrn vestment income for tbe year was £72,478 (2024.. £71951) representtng a 2.7Y• retum12024.. 2.5•A) on the matket Yalu¢ of the portfolio at the begiDning of the year. At tbe year end the market valuc of investments held was £2.645.654 (2024.. £2,872,052).
SIR JOHN AIYD LADY AMORY'S CHARITABLE TRUST TRUSTEES REPORT STRucfuRL GOVERNANCE AM) MANAGEMENr Type of governlng document Tyust Deed dated IONovember 1961 Hoiv the eh*rfity Is coDstfituted TNst Trustee stlettlon rnethod The numbu of twst¢e5 requiTed to adwini5terthe cIlty is three. Howe two twst¢¢s Day admillisterth¢ clwity provided the vacan¢y is fi]led a5 soon as po&sible. Appoillttllent is bythe exi$tingtTUStees und¢r statutory powers. Trustees eonslderation of rislts The trustees have examined the major strategic, busines$ and operational risks which the trust faces and confim) tbat systems have be¢0 established to lessen thos¢ risks. OTHERINFOIIMATION Administration Rathbont InvesttDent Management Ltd manage the inve5ttDellt portfolio and LA)wman Mallufacturillg Co Ltd tlk¢ day to day administratiOD. The lThste&s detetmiu¢ to whom the donatioDS ar¢ paidby reviewing requests for donation& StgDed on beha]f of the Trustees Sir Ian HeatheoatAmory
JM)EPETr4DEf+rr EXAMINER'S REPORT TO TllE TRUSTEES OF Slli JOBN AND LADY AMORVS CHARrrABLE TRUST I report to the trustees on my examination of the accounts of the Tst fortbe yearended 5 April 2025 whi¢h are set outonpa8es 5 to 6 ResponslbRlldes and basis of report As tbe ttvstees of the Trustyou are respon&1¢ for the preparation of the accounts in accordance wtth tbe requirements of the Clwitics Act 2011 {'the Act, I report inTespect of my exaa]ination of thc chaTity'5 accounts canied out tEr SEction 145 of theAct and ill canying out my examination Ihav¢ followed all the app]icable Ditectiot)S 8ivenbythe Cbarity ComtDiS5ion und¢r Section 145{5)(b) of th¢ Ad. Independent aamlller's stalement I have couJpleteA my examination. I confinll thai no material roatters have me to my attention iti eonnectioti with the examination gtvin8 me cause to b¢lieve that iu any mY4terial r¢spcct: accounting records w¢r¢ notkept in respeGtof thc chwity as rcquircd by section 130 of th¢ Act. or the accounts do not a¢cord witb those records I Iwe ]10 Concerns end have come across no oth¢r mattEr$ Tn cne¢tiOn with the exa]natiOn to which attention should b6 drawn in this report in order to enable a properuTLdetstanding of the accounts to be reached. Mrs M HtchingS . Apsleys LLP Cbartered Accountants 21 Bampton Street Tlverton EX16 6AA
SIR JOHN AND LADY AMORY'S CllAIUTABLE TRUST RECEIPTS ATr4D PAYMENTS ACCOUNT YEAR TO 5 APRIL 2025 2025 2024 RECEIPTS Income reeelpts Dividends alld inter¢st from inve5tsnents 72,478 72,478 827,181 899,659 71951 71951 675,695 748.646 Proceeds from the sale o(investment assets Totsl receipts for the year PAYMENTS Direct charitable expenditure DoDation5 made to charitable and other institulions DonatioDs nde to individuals Management and ad]nIstratin Mallagerncnt cbarges Exchall8e rate rnovement 74,658 1,480 61884 1,919 13.829 13,042 89,967 761,810 851,777 47,882 97,329 145,211 77,84S 683,957 761.802 (13,156) 110.485 Pyrcbase of assetg held for inve5trnent purpo$es Net re¢elpts Ip*yments) Cash funds at 5 Aprll 2024 Cash funds 9¢ S April 2025 97,329
SIRJOHN AND LADY AMORY'S CHARITABLE TRUST STATEMEf+Tf OF ASSETS AND LIABiLrrtES AT 5 AfiuL 2025 2825 2024 MOI¥ETARY ASSETS Casb fund BaDk aCullt Broker5 income accoullt BIoker5 capital a0t 45.490 5996 93.725 145.211 48.899 6,969 41.461 97.329 luve5twents atm*rketvslDe Li8t¢d investtnents Unlisted illvestrients 2.434.752 210.902 2.645.654 2,661,150 2.872,052 Debtsr$ Tax repaymellt Aggregate monetary assets l¢ss liabiIitie5 1790,865 2,969,381 -io.Lf AppEovedbytbetwsteeson........................... 2nd signed on theirbebaby." Sir lan Heatbcoat Amory